People are moving into the Cooper-George Apartments just south of downtown Spokane following a multimillion dollar renovation to the mid century high-rise.
The 144 units in the 13-story building were completely rehabilitated. The building opened in 1952 as high-end living for seniors and had two dining rooms, a grocery store, dry cleaners, a beauty shop and a doctor’s office. More recently, it acted as assisted-living housing for older folks on Medicaid.
Now, after a $7.5 million renovation, the units are market-rate and accepting applications to lease.
Peggy Low, a regional property manager with Greystar who is leasing the units, said the building has already leased to ten residents.
Rents for the building’s studio, one-bedroom and two-bedroom apartments range from $820 to $1,575. Residents have access to a common area, private gym and conference room. They also have access to the roof, where a barbeque, seating and scenic views are available.
Low said a local coffee shop will be in the building’s ground floor facing Wall Street.
The building is owned by three Oregon-based developers: Jeb Koerner, Dave Montagne and Kevin Ricker. The three purchased the building at 707 W. Fifth Avenue in 2017 for $5.5 million, though Ricker had been a part owner of the building for a number of years.